Omen: The 2013 stock market’s bull run appears to be following the almost identical trajectory of the stock market in 1929 before the great crash, which led to the Great Depression.

December 30, 2013 – FINANCE- It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the overall economy whatsoever. So how long can this irrational state of affairs possibly continue? Stocks seem to go up no matter what happens. If there is good news, stocks go up. If there is bad news, stocks go up. If there is no news, stocks go up. On Thursday, the day after Christmas, the Dow was up another 122 points to another new all-time record high. In fact, the Dow has had an astonishing 50 record high closes this year. This reminds me of the kind of euphoria that we witnessed during the peak of the housing bubble. At the time, housing prices just kept going higher and higher and everyone rushed to buy before they were “priced out of the market.” But we all know how that ended, and this stock market bubble is headed for a similar ending. It is almost as if Wall Street has not learned any lessons from the last two major stock market crashes at all. Just look at Twitter. At the current price, Twitter is supposedly worth 40.7 BILLION dollars. But Twitter is not profitable. It is a seven-year-old company that has never made a single dollar of profit.

In fact, Twitter actually lost 64.6 million dollars last quarter alone. And Twitter is expected to continue losing money for all of 2015 as well. But Twitter stock is up 82 percent over the last 30 days, and nobody can really give a rational reason for why this is happening. Overall, the Dow is up more than 25 percent so far this year. Unless something really weird happens over the next few days, it will be the best year for the Dow since 1996. It has been a wonderful run for Wall Street. Unfortunately, there are a whole host of signs that we have entered very dangerous territory. The median price-to-earnings ratio on the S&P 500 has reached an all-time record high, and margin debt at the New York Stock Exchange has reached a level that we have never seen before. In other words, stocks are massively overpriced and people have been borrowing huge amounts of money to buy stocks. These are behaviors that we also saw just before the last two stock market bubbles burst. And of course the most troubling sign is that even as the stock market soars to unprecedented heights, the state of the overall U.S. economy is actually getting worse…

-During the last full week before Christmas, U.S. store visits were 21 percent lower than a year earlier and retail sales were 3.1 percent lower than a year earlier. -The number of mortgage applications just hit a new 13 year low. -The yield on 10 year U.S. Treasuries just hit 3 percent. For many more signs like this, please see my previous article entitled “37 Reasons Why ‘The Economic Recovery Of 2013′ Is A Giant Lie.” And most Americans don’t realize this, but the U.S. financial system and the overall U.S. economy are now in much weaker condition than they were the last time we had a major financial crash back in 2008. Employment is at a much lower level than it was back then and our banking system is much more vulnerable than it was back then. Just before the last financial crash, the U.S. national debt was sitting at about 10 trillion dollars, but today it has risen to more than 17.2 trillion dollars. The following excerpt from a recent article posted on thedailycrux.com contains even more facts and figures which show how our “balance sheet numbers” continue to get even worse… –Economic Collapse

I watch the stock market reports almost every day. I hear the analysts saying that they are waiting for the “correction” and the taper and even they are concerned as the market keeps rising. It’s invisible money holding up an invisible economy based on nothing but faith and luck. Reminds me of a house of cards.

I’ve been watching the market for months now and lately I’ve watched the S&P, and the Dow climb for no reason what so ever. I’m an amateur in the grand scheme of stocks and things but even I can see that that there is no reason for the stocks to continue to climb. I’m glad others have taken note of such things as well.

My concern, I have been reading other sites with analisys like this. As pesimistic as always, I would say… Lets get our few dollars for the kids school out of this mess, this will colapse soon… My two cents.

The stock market will drop like a rock and the millions of dollars invested in 401K plans and other retirement plans will disappear. There are families, especially the elderly that get profits from their stocks, mutual funds. They will be broke and if they still have a open loan on their homes, they could lose their homes.
Actually the Stock Market is like, well, going into major surgery with an intern instead of a proven specialist.

Top that with Obamacare and the continual rise in Government benefits and unemployment.

Imho, I’d say the competence of the intern is the least of our worries. I’m more concerned that it seems the mafia is holding their family at gunpoint, and that our fate is solely determined by how much their casino can rake in.

This is why there has been so many delays regarding quantative easing as that is about the only propping up share prices. Lots of “free money” for bankers to make a profit with, this then draws everyday people to invest their savings. The bankers will then take everything out and watch the crash take everyone else down !!!

Impossible to predict accurately but judging from the graph it seems like a February collapse. This certainly looks like the big one. Thank you Alvin for all your effort in providing the information I’ve come to rely on. The time has come to truly prepare. God bless each of you.

Very few people seem to realize that the next big financial bubble burst in this country is going to be the health care system. I work for one of the largest 50 USA companies and what they are doing is what many large corporations are doing. It is called HSA [ Health Savings Account ] Basically you pay in YOUR money into an account as a type of prepayment for any illnesses or traumas that may affect you. The company adds a kicker. This creates HUGE savings for large corporations..Balloons profits! Which balloons the stock market…BUT!!! Here’s the problem…One small injury can easily cost a thousand dollars…You will use your own money in your account…If you have a family your deductible will be at least $ 4,000! Strange sickness on a child…O.k. pediatrician…medication RX…possibly specialist…X-rays? Thousands more…Do you have that much in your account? No??? TOUGH…Oh you just found out you have a baby on the way? BUSTED!!!! There will be hospitals and doctors etc. that will NOT get paid…People being sued out of their homes…The government putting out ridiculous mandates regarding limitations on children, pretesting to see if your child measures up to societies health standards…Affordable abortions will be offered if you do not have enough in your account…You need what kind of surgery? NOT at YOUR age! If you can not pay for that surgery the government will euthanize you and offer the proceeds [ partially] from your body parts to your poor impoverished family. Obviously one pandemic and IT’s OVER! I wrote about this seven years ago and few wanted to consider this.. Now it is staring us in the face. It’s almost like 1938 Nazi Germany all over again.
Oh the Humanity!!